Investment Committee

The investment committee meets four (4) times a year or as and when circumstance require. The following are the members of the investment committee:

Monem Salam
Monem Salam MBA

Monem Salam is Executive Vice President and a Director of Saturna Capital. He is an Executive Director of Saturna Sdn Bhd and portfolio manager for the ICD Global Sustainable Fund. He received his degrees from the University of Texas: BA (Austin) and MBA (Dallas).

He worked as the Chief Investment Officer for ITG & Associates (Dallas) until 1999; then as a representative with Morgan Stanley (suburban Dallas) until joining Saturna Capital in June 2003.  He served as the Director of Islamic investing and a Deputy Portfolio Manager to the Amana Mutual Funds Trust until moving to Kuala Lumpur in 2012 to oversee Saturna Sdn. Bhd. In 2018, he returned to the United States and resumed his role as Deputy Portfolio Manager of Amana Income, Amana Growth, and Amana Developing World Funds.

Monem is Adjunct Professor at IE Business School and speaks at Islamic finance/investment conferences worldwide and he is co-author of A Muslim's Guide to Investing and Personal Finance. Monem has authored chapters on Islamic Investing in both Contemporary Islamic Finance and Islamic Capital Markets and he contributes articles to leading Islamic financial magazines. As a mark of recognition of his achievements in Islamic economy, Monem was ranked among 500 of the Islamic world's most prominent and influential leaders by ISLAMICA 500 in 2015.


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(Non-Independent)
Nicholas Kaiser
Nicholas Kaiser MBA, CFA®

Nicholas Kaiser is the chairman of Saturna Capital Corporation ("Saturna Capital") as well as its Malaysian subsidiary, Saturna Sdn Bhd. Mr. Kaiser graduated from Yale College, with a degree in economics and obtained his Master of Business Administration from the University of Chicago, with dual majors in International Economics and Finance. He serves Saturna Capital's affiliated mutual funds as trustee, president and equity portfolio manager. Mr. Kaiser's industry activities include service with the Investment Company Institute (past Governor), CFA Institute (past chapter president), Financial Planning Association (past chapter president), and No-Load Mutual Fund Association (past national president). He currently serves on the volunteer boards of St. Paul's Academy, the Mt. Baker Foundation, and Shawnigan Lake School. He supports a range of non-profit activities, such as the Kaiser Professorship in International Business at Western Washington University. Mr. Kaiser was Northwest Business Monthly's Business Person of the Year in 2006, and received Whatcom Business Alliance's Lifetime Achievement Award in 2013.


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(Non-Independent)
Dato' Dr. Vaseehar Hassan Bin Abdul Razack
Dato' Dr. Vaseehar Hassan Bin Abdul Razack

Dato' Dr. Vaseehar graduated from University of Madras, India with a Bachelor's Degree in Commerce. He earned an Master of Business Administration in Finance from University of Aston (UK), M.Sc in Organizational Clinical Psychology from HEC Paris and INSEAD Fontainableau and PhD from Vrije University in Amsterdam. He has over 30 years' experience in the corporate and banking industry; notably as Chairman of RHB Islamic Bank and Chairman of Unicorn International Islamic Bank during the period from 2005 to 2009. Prior to this, he has also held senior positions namely with Dallah Al Baraka (Malaysia) Holdings, Aseambankers Bhd.


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(Independent)
Md Noor Bin Hj A. Rahman
Md Noor Bin Hj A. Rahman

Md Noor Bin Hj A. Rahman holds a BBA (Science) in Finance and Master of Business Administration, both from Indiana State University, USA. His working experiences started on July 1977 after completing his diploma in Accountancy from University Technology Mara. He has served Bumiputera Merchant Bankers, Alliance Merchant Bank, Alliance Capital Asset Management, OSK-UOB Islamic Asset Management and Lembaga Tabung Haji. In addition, he lectured (part time) on Portfolio Management Module for Chartered Financial Analyst examination and Master of Business Administration programs with local and foreign universities. Prior to joining Saturna, he was a Director and Chief Executive Officer of RHB Islamic International Asset Management.


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(Independent)
Zahid Siddique
Zahid Siddique MBA

Zahid Siddique, Senior Equity Analyst, joined Saturna Sdn Bhd in September 2015. He has over ten years of equity research, portfolio management, and business development experience. Prior to Saturna, Mr. Siddique was an associate portfolio manager and the head of industrials equity research at Gabelli Asset Management in New York. More recently, he was based in Dubai, where he focused on business development activities in the Middle East. Mr. Siddique holds a BA in Mathematics from Hamilton College and a BS and MBA from Columbia University. Outside of work, Mr. Siddique loves to travel with his wife and two children.


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(Non-Independent)
Ahmed Abdul Khalid
Ahmed Abdul Khalid

Ahmed Abdul Khalid represents the Islamic Corporation for the Development of the Private Sector (ICD) as one of Saturna's Investment Committee members. He sits on the boards of several ICD investee companies in Malaysia. Mr. Khalid received his Bachelor of Accountancy from the University of South Australia, Adelaide and is a member of the Australian Society of Certified Public Accountants as well as the Malaysian Institute of Accountants. He has more than 18 years of experience in investment banking, corporate finance, and developmental finance. He has worked at Alliance Investment Bank Berhad and International Bank Malaysia Berhad prior to joining ICD in 2007. He provides critical market insights in line with ICD's vision, covering the areas of business growth strategy and implementation as well as financial solutions. Along with several central banks, he was one of the key founding members of the establishment of a global Islamic liquidity company.


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(Non-Independent)